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Home » News » Americas News


Americas News

Aegean doesn't have a centralized accounting system: EY director
12 Nov 2018 10:49 GMT
Lack of centralized system 'makes financial reporting and financial planning difficult', says Andrew Hede.

Aegean's proposed bidding process revealed
12 Nov 2018 00:49 GMT
If approved, process would conclude on February 22 with a sale hearing.

Aegean proposes bidding timeline as Mercuria offers $681m
12 Nov 2018 00:02 GMT
Says bidding process represents 'best available restructuring alternative' after exploring non-binding proposals.

NCL achieves double-digit growth as bunker costs reach $100m
08 Nov 2018 17:02 GMT
$470.4m net income in Q3; fuel expenses up 9.2 percent.

Stockholders likely to get nothing: Aegean
06 Nov 2018 17:25 GMT
Confirms note default due to failure to pay; urges stock investors to act with 'extreme caution'.

Aegean files for Chapter 11 bankruptcy, seeks buyer
06 Nov 2018 11:24 GMT
Mercuria agrees to provide $532m to fund business and sale process.

Monjasa seals US financing deal with JP Morgan
05 Nov 2018 16:22 GMT
Credit facility to be used to cover the firm's activities in the US following 62.5% growth in the Americas.

Aegean claims up to $300m of company assets were misappropriated
02 Nov 2018 15:21 GMT
Alleges UAE-based OilTank, controlled by 'former affiliate', received funds through inflated contracts and fraudulent pricing.

Matson takes delivery of dual-fuel boxship - the biggest ever built in the US
01 Nov 2018 12:24 GMT
Vessel's dual-fuel engines can be adapted to run on LNG.

WFS: EMEA, North America record 40+% jump in marine revenue
31 Oct 2018 12:23 GMT
Asia-Pacific reclaims top spot, but EMEA and North America record most marine segment growth.

Kirby records 46% jump in net profit
30 Oct 2018 11:12 GMT
Barge operator's revenue climbs $163.6m as net earnings reaches $41.8m.

More optimism in marine than six months ago: WFS CFO
26 Oct 2018 16:39 GMT
WFS cites key reasons for marine profit rise; predicts Q4 decline.

World Fuel Services' 41% jump in marine profit 'better than expected'
26 Oct 2018 08:18 GMT
Result achieved despite decline in sales volume as income from operations and revenue both rise.

Holland America to outfit 11 ships for shore power following three-vessel project
23 Oct 2018 13:13 GMT
Simplified switchover process is said to enable a more seamless transition between ship and shore power sources.

Royal Caribbean to offset up to 12% of carbon emissions via wind farm
16 Oct 2018 13:22 GMT
Kansas facility slated for completion by Q2 2020.



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